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Refer to Broker
$728,000
Currently on offer is an institution café, favoured by a loyal customer base since 2009. It has cultivated a strong following for its seasonal breakfast and premium coffee menu, making it a popular meeting spot for locals and a destination for food enthusiasts. This simple business is deriving consistently impressive weekly takings, perfect for new or experienced operators and families seeking a well-presented investment opportunity.
*Taking $14,000 PW
*40 kg coffee sold PW
*Low COG: 30%
*4 years lease (more available)
*P&E worth $150,000
*60 seats
*120 sqm premises
*7-day operation
*4.2/5 Google rating (230+ reviews)
Nick Kolaitis and the team at LINK Melbourne is thrilled to present a longstanding café to the market.
Operating for 14 years, this café is an icon in its local area.
Known for its all-day breakfast menu and superior coffee, it attracts customers effortlessly. Located in a busy shopping strip near numerous residences, it also benefits from excellent exposure to constant foot and vehicle traffic.
The premises are beautifully fitted with a rustic interior and an exquisite courtyard, providing customers with a cozy dining ambience. All necessary assets for continued operations are also in place, requiring no additional capital investment post-sale.
With a team of two full-time and three casual staff members, along with the owner-operator, the café operates efficiently with low costs.
Notwithstanding its simple menu and limited hours, it presents significant growth potential. Moreover, improved marketing and extended trading hours could increase coffee sales and weekly revenue.
For more information about this exciting business opportunity, contact Nick today!
Listing ID: ME02531
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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